Chesapeake Energy and General Electric Developing a $500 at Home Refueling Appliance

NEW YORK, NY--(Marketwire - Nov 29, 2012) - The emergence of "fracking" has cause natural gas production in the U.S. to sky rocket in 2012, and subsequently caused prices to drop to a decade-low in April. The current supply glut of natural gas has caused companies to increase their focus on the transportation sector as an alternative market for the commodity. The Paragon Report examines investing opportunities in the Transportation Sector and provides equity research on Fuel Systems Solutions, Inc. (NASDAQ: FSYS) and Quantum Fuel Systems Technologies (NASDAQ: QTWW).

Currently natural gas costs approximately $1.50 to $2 less per gallon than gasoline and diesel. A major hurdle preventing the widespread adoption of natural gas vehicles have been access to the necessary infrastructure. Chesapeake Energy has recently announced that it is collaborating with General Electric and Whirlpool to create a $500 appliance which will allow vehicle owners to refuel their CNG cars at home.

"It's simply a matter of time before the U.S. meaningfully shifts from transportation systems built around consuming high-priced oil to consuming low-priced domestic natural gas," Chesapeake CEO Aubrey McClendon wrote to investors this year.
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Fuel Systems Solutions is a leading designer, manufacturer and supplier of proven, cost-effective alternative fuel components and systems for use in transportation and industrial applications. Fuel Systems' components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas, used in internal combustion engines.

Quantum Fuel Systems Technologies Worldwide is a leader in the development and production of advanced vehicle propulsion systems, fuel storage technologies, and alternative fuel vehicles. The company earlier this month announced plans to double production capacity at their factory in California to help meet the strong demand for their lightweight natural gas storage systems. Shares of the company have rallied over 40 percent in the last month.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.paragonreport.com/disclaimer